Updated Two-Unit
2020 W Kings Hwy, San Antonio, TX 78201
For Sale
$315,000
Multi-Family (2-8 Units), San Antonio, TX
Property Size2,508 SF
Lot Size0.18 Acres
Price / SF$125.60
Days on Market52
Property Features for 2020 W Kings Hwy
General Information
Property type
Property subtype
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Annual Amount
Amenities
backyard
Building Details
Year built
Listing Agency:
Option One Real Estate
Listed By:
Jean Reich
(210) 389-5266
Added: Sep 23
Changed: Nov 5
Last Checked: Nov 13 at 4:06AM
MLS# 2018518
Copyright © 2026 LERA MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 1932, this duplex contains two tenant-occupied residences totaling 2,508 square feet. Original wood flooring and contemporary light fixtures are among the interior features, alongside open living and dining areas and generously sized bedrooms. A backyard extends behind the property, and appliances are included in the sale. Recent improvements include new stoves in both units; Unit 1 also has new ceiling fans, while Unit 2 includes a reverse osmosis system and new refrigerator, washer, and dryer.
The property is near Woodlawn Lake and sits along a public bus line, with access to I-10. St. Mary's University is an eight-minute drive away. The lot measures 0.184 acres.
The property is near Woodlawn Lake and sits along a public bus line, with access to I-10. St. Mary's University is an eight-minute drive away. The lot measures 0.184 acres.
Key Highlights
- Two‑unit duplex with 2,508 square feet
- Built in 1932
- Fully tenant‑occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,867
Cap Rate
9.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$577,340
$577.3K
Cap Rate 7%
$412,386
$412.4K
Cap Rate 9%
$320,744
$320.7K
Market Conditions
NOI Build-Up for 2,508 SF
Gross rent
$43.6K $17.40/SF
− Vacancy
−$2.4K −$0.96/SF
EGI
$41.2K $16.44/SF
− OpEx
−$12.4K −$4.93/SF
NOI
$28.9K $11.51/SF
Area
San Antonio, TX
Vacancy
5.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$577,340
Cap Rate 7%
$412,386
Cap Rate 9%
$320,744
Alternative Uses
Best Use
Multifamily LT 5
$412.4K
$360.8K – $481.1K
NOI $28,867 @ 7.0% cap · market cap 9.16%
Second Best
Apartment 5plus
$366.0K
$320.2K – $427.0K
NOI $25,619 @ 7.0% cap · market cap 8.13%
Theoretical Best
Office A
$639.7K
$559.8K – $746.4K
NOI $44,782 @ 7.0% cap · market cap 14.22%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
652
Businesses Nearby
Explore this area
Business Placement
Demographics for 78201, TX
42,005
Population
18,661
Households
2.3
Avg Household Size
39
Median Age
17%
College-Educated
73%
High-School Grad
7.1 sq mi
ZIP Area
5,916
Density / Sq Mi
$46,129
Median Household Income
$30,517
Median Earnings
$1,033
Median Rent
$187,400
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in San Antonio, TX
Properties on Market for Duplexes in San Antonio
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are occupied, and the appliances convey with the property.
Where is this duplex located?
The property is located at 2020 W Kings Hwy San Antonio, TX.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,508 square feet; Built in 1932; Fully tenant‑occupied
